market research report :container glass market in india 2012
DESCRIPTION
For the complete report, get in touch with us at : [email protected] The container glass market in India has been growing at a steady pace due to the huge demand it generates from the beverage sector. The report begins with the introduction section which offers a brief insight of the glass industry that has been categorized into float, container and other. The float glass finds primary usage in real estate and automobile sectors while container glass is directed to the beverage, pharmaceutical and cosmetics industry. The other glass segment mainly includes glass used in optical and lens industry and in manufacture of cutlery, electrical insulation and various other sectors. The report is then followed by the market overview section categorized into 3 sub sections. The first section highlights the market size and growth of the total glass market of India, highlights the growth opportunity of glass industry due to the low per capita glass consumption and also provides the percentage segmentation of glass consumed in container, flat and other glass. The report then focuses on the container glass market – the market size in value terms along with the forecasted growth. The section also discusses the present production valuation and per capita consumption valuation with forecasted estimations five years hence. The section further provides the sectoral snapshot of container glass industry giving percentage demand breakup of the sectors consuming container glass. The regional installation and demand base has also been elaborated in the report along with a brief snapshot of regions in India where demand for container glass is reasonably high. The report then discusses the major types of container glass with percentage demand that the glass faces application wise. The section also elaborates the recent investments that have taken place in the industry by major stakeholders in India in recent times. Thereafter the report provides an elaborate section on the export-import overview of the container glass market along with a detailed segmental breakup of the major components of container glass. A distribution channel of container glass has been incorporated for an effective understanding of the flow of finished glass containers from manufacturers to the final consumers. The section is then followed by the drivers and challenges. The factors that are propelling the container glass include its use in packaging industry, the qualitative aspect of glass that makes glass a more hygienic and eco-friendly packaging material and the relative cost advantage that India has in production of glass. The challenges that the sector is facing include rise in price of soda ash, various other alternative packaging materials that are creeping in and the reusable nature of glass which in turn is affecting the demand for newly manufactured glass. The report then deals with the technology trends in the container glass iTRANSCRIPT
Insert Cover Image using Slide Master ViewDo not distort
Container Glass Market IndiaContainer Glass Market – India
August 2012
Executive Summary
Market
• Developing countries led by China constitute bulk of the demand• The Indian glass market is currently valued at INR a1 units and is expected to reach INR a5 units in 20‐‐• The Indian container glass market is valued at INR x1 units and is expected to reach INR x6 units in 20‐‐• India exhibits a low glass consumption in comparison to other countries
EXIM• India has a strong position in container glass market wherein export exceeds import • In container glass articles for conveyance and packaging registers the highest export as well as import
Di t ib ti l b h l l f l f h
Drivers &Drivers
– Growing use in packaging industryChallenges
– Rise in price of soda ash
Distribution Channel
• India Container Glass using sectors obtain their supplies directly from glass manufacturers with rare intervention by third parties
Drivers & Challenges
Technology d
• Blow and Blow• Press and Blow
– Qualitative aspect– Cost advantage
– Growing alternatives of glass– Reusable nature of glass
Trends • Press and Blow
Competition
Key Players
Public Players Company A; Company B; Company C; Company D; Company E; Company F; Company G
2
CompetitionPrivate Players Company H
CONTAINER GLASS MARKET IN INDIA 2012.PPT
•Introduction
•Market Overview•Market Overview
•Export Import
•Distribution ChannelDistribution Channel
•Drivers & Challenges
•Technology Trends
•Green Potential
•Competition
•Key Recent Development
•Strategic Recommendation
A di
3
•Appendix
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Glass as a product has diversified use with maximum usage in construction and packaging industry
Container glass forms the largest segment in the glass industry due to strong demand from the end user segment followed by flat glass and other glass segments
•Float glass was the biggest innovation that revolutionized the glass industry
•With invention of float glass process, glass application expanded and
Float Glass
•The packaging industry is highly influenced by the container glass
• Inspite of several other packaging
Container Glass
GLASSglass application expanded and currently has a dominating influence in construction, automotive and mirror industries
•Further processing of float glass leads to various other types of glass like
Inspite of several other packaging alternatives, container glass is preferred as it is healthy, hygienic and eco‐friendly
•The sectors demanding container glass i l d b d i i f dto various other types of glass like
Sheet PatternedWired
include beer and spirits segment, food & beverages industry, pharma industry and cosmetics and perfumery
h l
•It includes the optical glass and fibre glass•Optical glass have wide application in lens used in eyeglasses, microscopes, telescopes, camera and many instruments for factories and laboratories
•Fibreglass is used in making make glass yarn tape cloth and mats along with
Other Glass
4
•Fibreglass is used in making make glass yarn, tape, cloth and mats along with electrical insulation, chemical filtration, cutlery and firefighters' suits
CONTAINER GLASS MARKET IN INDIA 2012.PPT
The Indian glass market is progressing at a steady rate due to its wide applications across sectorsMarket Overview: India (1/3) Market Size and Growth (value wise)•Glass market in India will show a healthy growth rateamidst a strong GDP performance
• The growth rate of Indian markets is more thanINR units A%
a54• The growth rate of Indian markets is more than
global growth rate as the associated glass usingsectors is witnessing a robust growth
•However, per capita consumption of glass is muchless than other developed countries which outlinesh h i l f l i I di
a4a3a2a1
the growth potential of glass sector in India• Flat glass is exhibiting tremendous growth potentialin India that is attracting existing container glassmanufacturers as well as new players
20‐‐e20‐‐e20‐‐e20‐‐e20‐‐
Market‐ Segmentation
%
CBAUnit Z
Per Capita Consumption ‐ Comparison
c%
b%a%
Y
X
5
Country ZCountry YCountry X
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Stupendous growth of the container glass market is primarily driving the glass market in India
Market Size and Growth (value wise)
• Container glass forms the largest market segment inoverall glass marketTh t i l k t i j t d t h INR
Market Overview: Container Glass (2/3)
6INR units
X%• The container glass market is projected to reach INRx6 bn in 20‐‐ from the INR x1 bn valued industry in 20‐‐ at a CAGR of X%
• The container glass production in India was y1 TPD in20‐‐ and projecting a CAGR of Y% it is estimated to 20
40
60
80 x6x5
x4x3x2x1
X%
p j greach y6 TPD in 20‐‐
• Per capita consumption of container glass was z1 kg in20‐‐ which is expected to reach z6 kg in 20‐‐ growingat a CAGR of Z%
020‐‐e20‐‐e20‐‐e20‐‐20‐‐ 20‐‐e
units Y% y6y5y4y3 z3
unitsz4
Z% z6z5
Consumption Per CapitaGrowth in Production
yy3y2y1z2
z3
z1
6
20‐‐e20‐‐e20‐‐e20‐‐e20‐‐20‐‐ 20‐‐ 20‐‐e20‐‐ 20‐‐e20‐‐e20‐‐e
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Container Glass using sectors obtain supplies directly from glass manufacturers with rare intervention by third parties
Distribution Channel – Container Glass
i l fContainer Glass Manufacturer
Can be undertaken by consumers or manufacturers
for the safe delivery ofTransit
Consumers
for the safe delivery of supplies
PharmaceuticalManufacturers
BeverageManufacturers
AlcoholManufacturers
CosmeticsManufacturers
Food ProcessingManufacturers
Consumers
Final Consumers
7
Final Consumers
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Drivers & Challenges‐ Summary
Challenges
Drivers
Rise in price of soda ash
Growing alternatives of glass
Growing use in packaging industry
Qualitative aspect
Reusable nature of glass
Cost advantage
8CONTAINER GLASS MARKET IN INDIA 2012.PPT
Technology Trends ‐ Summary
Blow and Blow Press and Blow
9CONTAINER GLASS MARKET IN INDIA 2012.PPT
Major Public Companies – Summary
16
18
Net Profit
Size of the Bubble represents Market Capitalization in INR bn
8
10
12
14Market Capitalization in INR bn
0
2
4
6
G
FE
D CB
A
‐8
‐6
‐4
‐2G
‐12
‐10
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18Revenue
Company D Company E Company F Company GCompany CCompany BCompany A
10CONTAINER GLASS MARKET IN INDIA 2012.PPT
Public: Domestic Company – Company A (1/3)
Company Information Offices and Centres – India
Corporate Address
Company A
Street M,
City X State YCity X, State Y
Tel No. +91‐22‐xxxx xxxx
Fax No. +91‐22‐xxxx xxxx
Website www.a.com
Year of Incorporation 19XX
Ticker Symbol AA
Stock Exchange X
X
Head Office
Key People
Products and Services
Category Products/Services
Scientific and Laboratory glass hardware, liquid N D i tiindustrial glassware handling system, Disposable plastic
ConsumerMixing bowls, gourmets, plates, minis, dishes, casseroles
Lighting Consumer Lighting, Labware Lighting
Name Designation
Person M Director
Person N Director
11
Others Low iron solar glass
CONTAINER GLASS MARKET IN INDIA 2012.PPT
K ii i l S h
Public: Domestic Company – Company A (2/3)
Key Ratios
Net Profit / Loss
Total IncomeINR bn
10
INR bn
15
10
Particulars y‐o‐y change (2011‐10)
2011 2010 2009 2008
Profitability RatiosOperating Margin
Financial Snapshot
5‐0.255
0.73 ‐5
0
10
0
2011
9.36
2010
6.48
0.95
2009
‐0.09
2008
0.01
0.77
Net MarginProfit Before Tax MarginReturn on EquityReturn on Capital EmployedReturn on Working CapitalReturn on Assets
Financial Summary
• The company earned a net profit of INR 6.48 bn in FY 2011, as compared to net loss of INR 0.25 bn in FY 2010
• The company reported total income of INR 9.36 bn in FY 2011, registering an increase of 885 26 per cent over FY 2010
2011201020092008Return on Fixed Assets
Cost RatiosOperating costs (% of Sales)Administration costs (% of Sales)
Interest costs (% of Sales)registering an increase of 885.26 per cent over FY 2010
• The company earned an operating margin of 1.20 per cent in FY 2011, an increase of 5.48 percentage points over FY 2010
• The company reported debt to equity ratio of 0.28 in FY 2011, a decrease of 78.27 per cent over FY 2010
Interest costs (% of Sales)
Liquidity RatiosCurrent RatioCash Ratio
Leverage RatiosDebt to Equity Ratio
Key Financial Performance Indicators
Indicators Value (dd/mm/yyyy)Market Capitalization (INR)
Total Enterprise Value (INR)
( )
Debt to Capital RatioInterest Coverage Ratio
Efficiency RatiosFixed Asset TurnoverAsset TurnoverCurrent Asset Turnover
12
EPS (INR)
PE Ratio (Absolute)
Current Asset TurnoverWorking Capital TurnoverCapital Employed Turnover
Improved Decline
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Public: Domestic Company – Company A (3/3)
Key Business Segments Key Geographic Segments
100%
CBA
100%
Country X
Country X is the only
0%
50%
100%
A%B%
C%
A%B%
C%
A%B%
C%
A%B%
C%
0%
50%
100%
100%
Country X is the only geographic segment in which
the company has been operating for the last few years
Business Highlights
0%
20‐‐
A%
20‐‐
A%
20‐‐
A%
20‐‐
A% 0%20‐‐
Description News
Overview• The Borosil Group comprises two independent companies ‐ Borosil Glass Works Ltd and Gujarat Borosil Ltd.
• Factory is equipped with latest German machinery and located in Bharuch, Gujaraty q pp y , j
Business
• The company has a glass portfolio of 2000 products which it distributes across the country with the help of 150 dealers
• Their consumer products like glass tumblers, lanterns are available across 5000 retail outlets‐all over India
13
outlets all over India
Shareholding Pattern • Promoters hold 67.71% of the shares whereas general public hold 17.31 % of the shares
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Appendix
Ratio Calculations
Operating Margin (Operating Income/Revenues)*100
Ratio Calculations
Current RatioCurrent Assets / Current Liabilities
Net Margin (Net Profit / Revenues) *100
Profit Before Tax Margin (Income Before Tax / Revenues *100
(N I / Sh h ld
Cash Ratio{(Cash & Bank Balance + Marketable Securities) / Current Liabilities)}
Debt to Equity Total Liabilities / Shareholders E it
Return on Equity (ROE) (Net Income / Shareholders Equity)*100
Return on Capital (ROCE) EBIT / (Total Assets – Current Liabilities)*100
(N I / W ki C i l)
q yEquity
Debt to Capital Ratio{Total Debt / (Shareholders Equity + Total Debt)}
Interest Coverage Ratio EBIT / Interest Expense
Return on Working Capital (Net Income / Working Capital) *100
Return on Assets (Net Income / Total Assets)*100
Return on Fixed Assets (Net Income / Fixed Assets) *100
Fixed Asset Turnover Sales / Fixed Assets
Asset Turnover Sales / Total Assets
Operating Costs (% of Sales) (Operating Expenses / Sales) *100
Administration Costs (% of Sales)
(Administrative Expenses / Sales) *100
Current Asset Turnover Sales / Current Assets
Working Capital Turnover Sales / Working Capital
/
14
Interest Costs (% of Sales) (Interest Expenses / Sales) *100 Capital Employed Turnover Sales / Shareholders Equity
CONTAINER GLASS MARKET IN INDIA 2012.PPT
Thank you for the attentionThe Container Glass Market – India report is part of Netscribes Manufacturing Series.For more detailed information or customized research requirements please contact:
Phone: +91 33 4064 6214Phone: 91 33 4064 6214E‐Mail: [email protected]
Follow us on:
About Netscribes, Inc.Netscribes, Inc. is a knowledge‐consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of , g g f g p y p p finvestment & business research, business & corporate intelligence, content‐management services, and knowledge‐software services. At its core lies a true value proposition that draws upon a vast knowledge base. Netscribes Inc. is a one‐stop shop designed to fulfil clients’ profitability and growth objectives.
Disclaimer: This report is published for general information only Although high standards have been used in the preparation “Netscribes” is
15
Disclaimer: This report is published for general information only. Although high standards have been used in the preparation, Netscribes is not responsible for any loss or damage arising from use of this document. This document is the sole property of Netscribes and prior permission is required for guidelines on reproduction.
CONTAINER GLASS MARKET IN INDIA 2012.PPT